Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.

First Lady Laura Bush is expected to make her third run at New York Fashion Week by attending the Feb. 1 Red Dress Collection runway show.

RED ALERT: First Lady Laura Bush is expected to make her third run at New York Fashion Week by attending the Feb. 1 Red Dress Collection runway show. An advocate of heart disease awareness for women, she has gotten behind the cause before. There’s no telling if her daughter, Barbara, a familiar face on the fashion circuit, also will be in the front row. In any event, the First Lady stands to see an eclectic mix of 20 celebrities modeling red designer dresses, including Emmy Rossum, Molly Sims, Rita Moreno and Heidi Klum.

IN THE BAG: Marc Jacobs showed some holiday spirit Tuesday night by dropping off the largest toy bag at David Barton’s and Susanne Bartsch’s annual toy drive for the St. Jude Children’s Research Hospital. Fellow designer Narciso Rodriguez and Debbie Harry were among the 4,000 supporters who turned in more than 20,000 presents.

CLOSE TO THE HEART: Dress for Success’ breakfast benefit Wednesday at the New York Athletic Club adopted a love letter postscript theme, in honor of the new movie “P.S. I Love You.” In attendance were Lisa Kudrow, who is appearing in the movie; Wendy Finerman, who produced it, and the book’s author, Cecelia Ahern. “Someone was mean to me once, so I deserve to be here,” the “Friends” star joked self-deprecatingly after she followed a Dress for Success success story. The audience of more than 350 included Bobbi Brown, Tommy Hilfiger, Wal-Mart chief merchandising officer John Fleming and Wal-Mart Stores USA chief executive Eduardo Castro-Wright. A busy man, Castro-Wright had to pass on the free tickets to “P.S. I Love You” Wednesday night, which one person at each table won.

WWD's Ultimate Holiday Gift Guide is brought to you by @styleontherise and is complete with the perfect presents for everyone on your list. Click the link in our bio to start shopping NOW. #WWDHoliday #Sponsored

@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)